Rio Rancho Profile
City Center and Other Developments
NEW!! Skip to Office/Retail Building
Rio Rancho announced plans to establish its official central business district (City Center) in early 2005. The City’s concept is for City Center to become the region’s premier destination for upscale retail, office, dining, and entertainment. The development site consists of 160 acres of property and was acquired from the New Mexico State Land Office.
City Center is located in the geographic center of Rio Rancho’s municipal boundaries in the southwest quadrant of Section 36. Access to City Center will be from King Boulevard (to be renamed Main Street). To enhance access to City Center transportation improvements to Unser Boulevard and Paseo del Volcan have also been planned and funded. The following map illustrates City Center’s geographic position within the MSA.
City Center: 20 Mile Radius
Preliminary Site Plan
Not to scale. For illustration purposes only.
NEW!! Office/Retail Building
The latest addition to City Center is a 77,000 square foot office and retail building of which the City of Rio Rancho will occupy 10,000 square feet. The building is expected to be complete by first quarter of 2008 or within 6-9 months of it being 60 percent leased. The remainder of the office building will be available for lease at a cost of $18 per square foot with triple net charges estimated at $6.00 per square foot.
Santa Ana Star Center
The Santa Ana Star Center's grand opening in October 2006 was marked by a puck-slapping hockey game between the New Mexico Scorpions and the Arizona Sundogs. The Star Center is a 6,500-fixed seat, multi-purpose events center with the capacity to expand to 8,500 for concerts and staged entertainment events. Total square footage for the $47 million Center is 165,000. The preliminary conceptual plan for Rio Rancho's City Center was designed around the location of this new Santa Ana Star Center and City Hall. The conceptual plan calls for the remaining 100 +/- acres of property to become a mixed-use development comprised of upscale retail, dining, entertainment, and office projects. The City is in the process of selecting a master developer to complete the development of City Center.
Rio Rancho City Hall
The second building is Rio Rancho’s new City Hall. It will open in August of 2007, house the vast majority of the City’s administrative offices, and comprise 60,000 square feet of space. The final cost is expected to approach $15.8 million. A rendering of the City Hall is presented below.
In October 2006, the University of New Mexico finalized a land swap with the State Land Office, giving the university ownership of a 216-acre, $7.6 million campus site adjacent to City Center in Rio Rancho. The university will be a full-service campus, and with a projected enrollment of 10,000-12,000 by 2015/2020, will be the third largest university in the state. Below is an initial building rendering.
Lionsgate Entertainment, the independent producer and distributor of motion pictures like the Academy Award-winning "Crash" (2006), announced it will construct a state-of-the-art pre- and post-production studio on 52.8 acres of land north of City Center in Rio Rancho. The studio will consist of a minimum of 3 sound stages, production offices, a construction mill, and back-lot street settings. It is anticipated the project will generate hundreds of full-time equivalent jobs and countless part-time employment.